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The Global Mining Industry: http://www.globalmining.com.au/
WELCOME TO GLOBAL MINING INVESTMENTS TRUST
The Global Mining Investments Trust will invest in a globally diversified portfolio of shares listed on recognised stock exchanges in accordance with the following investment guidelines:
Benchmark: MSCI Commodity Producers Index
Performance Objective: to outperform the benchmark over rolling three year periods
Sectors: the Fund will invest in companies exposed to Energy, Mining & Agriculture
Geographies: the Fund will invest in companies domiciled in Developed & Emerging markets
Other: the Fund will not use leverage and will not invest in derivatives
Cash: the Fund may hold up to 15% of its assets in cash
The Collaboration of China and Nordic Countries Seminar was organized a year ago at Hanaholmen, Helsinki, with speakers and participants from China and the Scandinavian countries.
Focus on China. A high-level forum about International Cooperation in Higher Education and ICT.
China-Finland ICT Alliance Finnish Partners Workshop
A followup workshop with the Finnish partners of China-Finland ICT Alliance was held in Espoo on 11 February 2014. The key target was to share current accomplishments of each project, and plan cooperation activities and actions in 2014.
In addition to the Phase II project representatives, also invited experts from universities, companies and funding organisations were attending the workshop to discuss new activities in 5G and future networks and other areas such as sensing, traffic and geo-services.
The workshop had two specific parallel sessions on future networking with 5G, and intelligent sensing and services in urban environment including traffic and mobility.
The Fennovoima nuclear power plant was represented at the fair in Tampere. New experts from various fields have started to work in Fennovoima during the past few months. There are over 140 people working in Fennovoima at the moment.
Finland's third nuclear power company Fennovoima was founded in 2007. Fennovoima will build its Hanhikivi 1 nuclear power plant in Northern Finland.
Fennovoima proceeds to political decision-making. Fennovoima has today submitted to the Ministry of Employment and the Economy a clarification concerning the current ownership situation of the main Finnish owner Voimaosakeyhtiö SF.
Voimaosakeyhtiö SF owns 66 % of Fennovoima. Reserved at the moment is 54,72 %. The increase of about 1 % compared to the figure presented yesterday is due to Vantaa Energia’s decision that was made this morning to increase its share by a little less than 1 %.
Voimaosakeyhtiö SF’s negotiations with new potential owners continue. The target is to keep the ownership in Fennovoima in the current 66 %. Fennovoima’s other main owner with a 34 % minority share is Rosatom’s Finnish subsidiary RAOS Voima.
The Ministry of Employment and the Economy has announced yesterday that it proposes for the Government to approve the supplement for Fennovoima’s Decision-in-Principle on September 18th, with the condition that the Finnish ownership must be at least 60 % at the time of the submittal of the construction licence application. Fennovoima applies for the construction licence by summer 2015.
Fennovoima project proceeds towards the construction phase in accordance with the schedule. Today, the start of the very first construction work is celebrated at the plant site on Hanhikivi headland in Pyhäjoki as the construction of the new access road to the plant site is launched by Suomen Maastorakentajat Oy.
Fennovoima’s nuclear power plant Hanhikivi 1 starts generating electricity in 2024.
A few weeks ago, Irja Kallio and myself participated at the Energy 2014 Fair and Congress in Tampere, Finland.
